GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stanmore Resources Ltd (OTCPK:STMRF) » Definitions » Receivables Turnover

Stanmore Resources (Stanmore Resources) Receivables Turnover : 5.31 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Stanmore Resources Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Stanmore Resources's Revenue for the six months ended in Dec. 2023 was $1,310 Mil. Stanmore Resources's average Accounts Receivable for the six months ended in Dec. 2023 was $247 Mil. Hence, Stanmore Resources's Receivables Turnover for the six months ended in Dec. 2023 was 5.31.


Stanmore Resources Receivables Turnover Historical Data

The historical data trend for Stanmore Resources's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stanmore Resources Receivables Turnover Chart

Stanmore Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.34 35.93 20.40 17.53 10.76

Stanmore Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.37 5.42 4.85 5.58 5.31

Competitive Comparison of Stanmore Resources's Receivables Turnover

For the Coking Coal subindustry, Stanmore Resources's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stanmore Resources's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Stanmore Resources's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Stanmore Resources's Receivables Turnover falls into.



Stanmore Resources Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Stanmore Resources's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2803.6 / ((281.6 + 239.4) / 2 )
=2803.6 / 260.5
=10.76

Stanmore Resources's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1310.2 / ((253.7 + 239.4) / 2 )
=1310.2 / 246.55
=5.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stanmore Resources  (OTCPK:STMRF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Stanmore Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Stanmore Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Stanmore Resources (Stanmore Resources) Business Description

Traded in Other Exchanges
Address
12 Creek Street, Level 32, Brisbane, QLD, AUS, 4000
Stanmore Resources Ltd is an Australian resources company with operations and exploration projects in the Bowen and Surat Basins. Its foundation asset is the Isaac Plains Complex that comprises current open-cut operations at Isaac Plains East and the Isaac Downs Open Cut, as well as the Isaac Plains Underground development project.

Stanmore Resources (Stanmore Resources) Headlines

From GuruFocus